Global Events

Intellect Treasury Convergence Bangladesh

Polaris is proud to jointly host its Treasury Convergence with Bangladesh Foreign Dealers Association (BAFEDA). Bangladesh Foreign Exchange Dealers Association (BAFEDA) was formed in a bankers' meeting held on August 12, 1993 in the Board Room of Rupali Bank Ltd. to help the development of an orderly inter-bank foreign exchange market in Bangladesh. It's major activities include framing of rules governing the conduct of inter-bank foreign exchange business among banks vis-a-vis public and liaison with Bangladesh Bank for reforms and development of forex market.

The earlier days of Treasury concentrated on automation, integration and APIs for easy upstream and downstream connect, today is the era of information on the go, informed decision making, and a fundamental shift from managing risk to leveraging risk for competitive business advantage. iRTM (Intellect Treasury 3.0) specifically addresses the aforementioned issues. It is the worthy successor of Intellect Treasury 2.0 which was an integrated solution that aided banks by centralizing operations, providing operational efficiency through complete automation and seamless integration of treasury functions. Apart from managing risks, iRTM helps to leverage risk thereby giving the banks the upper edge to compete globally.

At the event we have chairman of BAFEDA, Thomson Reuters, Rupali Bank, Sonali Bank & Bangladesh Bank leaders speaking on the treasury market trends. Mr. Venkatesh Srinivasan, CEO, Intellect Treasury & Capital Markets, Polaris Financial Technology will elucidate on how you can power your way to reaping benefits of financial technology. The event will also present a great networking opportunity. This specially designed event will also feature speakers on key banking solutions along with a value exposition.

Celebration Event - Go Live of the first branch at Sonali Bank - Bangladesh

15 May, 2013|Venue: Ruposhi Bangla hotel, Dhaka

Polaris and SPFTL organized an evening of celebration to commemorate the successful Go Live of the first branch at Sonali Bank. Dignitaries such as Dilip Barua – Hon’ble Minister for Industries, People’s Republic of Bangladesh, Pankaj Saran – High Commissioner of India, Prof. A H M Habibur Rahman – Hon’ble Chairman, Sonali Bank and Pradip Kumar Datta – Managing Director & CEO, Sonali Bank were present at the event. Over 200 people including CXO level executives from reputed banks such as Bank Al-falah, Dutch Bangla, Ruplai, NRB, BRAC, Standard Chartered, HSBC and Probashi Kalyan were part of this evening’s celebration.

Speaking on the occasion, Dilip Barua – Hon’ble Minister for Industries, People’s Republic of Bangladesh, said:“ Such an unique initiative by these two companies (Polaris and Sonali ) is a very timely move and it supports the ‘Digital Bangladesh- 2021 Vision’ of the Bangladesh Government.”

Pankaj Saran – High Commissioner of India,added: “Investment is an act of Faith. This Joint Venture has set an example for many other Indian Companies who are planning to invest in Bangladesh. Indian High Commission will provide all possible support for those companies. Similarly we will also provide all possible help for the Bangladeshi entrepreneurs planning to enter the Indian market”

Tarique – CEO, SPFTL said: “SPFTL via Polaris offers a range of products. The growing demand for friendly and efficient banking today in Bangladesh calls to meet the need and we are pleased that Polaris has indeed responded to our demand and for the first time has joined hands to develop the sector involving local partners and resources.”

K Srinivasan – Head IMEA, addressed the guests and pointed out how Bangladeshi policies benefited new entrants and how he strongly believes that it will help develop business in Bangladesh. He highlighted that Polaris is a global company, but one that can be as local as possible in understanding the customers’ needs.

The evening turned out to be a great platform to network and connect with each other on a one on one basis

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